Question

find the time period on rupees 6000 to make rupees 8250 and an interest of 15% quarterly

Answer 1

given,
P=6000
N=?
R=15% FOR 3 MONTHS
=15 * 4
=60% FOR YEAR
SI=8250

NOW,
SI = P*N*R/100
N =SI*100/P*R
N =8250*100/6000*60
N =2.29
therefore given is for 3 months and we calculated for 1 year
N = 2.29*15
N = 6.5 = 6 months 5 days

Answer 2

Answer:

Step-by-step explanation:

given,

P=6000

N=?

R=15% FOR 3 MONTHS

=15 * 4

=60% FOR YEAR

SI=8250

NOW,

SI = P*N*R/100

N =SI*100/P*R

N =8250*100/6000*60

N =2.29

therefore given is for 3 months and we calculated for 1 year

N = 2.29*15

N = 6.5 = 6 months 5 days